H-1B workers are stuck outside the US thanks to cancelled visa appointments, disrupting personal and professional lives. As @calebharshbergr and I report, working remotely will be complicated by big tax implications for their employers.
https://t.co/MF4oYMDSm9
New: The GOP's budget law could unlock billions in cheaper financing for spaceports, Congress' latest move to help companies owned by the world’s wealthiest men in the US's bid to out-muscle Russia & China in space.
A dispatch from Merritt Island, FL: https://t.co/RIgf0RIxKS
It’s interesting that the thread lampooning “racist roads” also includes a concern that if you demolish this urban interstate, people from the bad side of town will start raping and pillaging the good side
The thrust of this thread is that removing the I-81 from Syracuse is simultaneously gonna turn Syracuse into a ghost town because nobody will want to walk anywhere but also turn it into a crime-ridden hellhole because murderers will invade wealthy areas on foot. 🤔🤔🤔
Now that there's a more than 2% of a pretty big asteroid hitting Earth in 2032, it's a good time to re-up one of my favorite stories in recent years, on how NASA has been surprisingly slow to track potentially disastrous asteroids:
https://t.co/XmbsRYxmZS
A growing number of multinational corporations seek to settle their back taxes under states’ voluntary disclosure programs, which limit fines and retroactive sales tax collection obligations. Some are from Canada, the UK, China, etc. My last @tax story:
https://t.co/g8UfKc9F7h
SCOOP - Many retirees wouldn’t pay income tax on their Social Security benefits under a new proposal from @MarshaBlackburn and @RogerMarshallMD
https://t.co/HLwWjMQqWj
After nearly three years covering tax, I’m switching to Bloomberg @BLaw to cover bankruptcy—corporations, high-profile individuals, and more. Puerto Rico’s bankruptcy sparked my interest in business reporting, and now I’m starting 2025 focusing on a subject I’m so interested in.
Puerto Rico Gov. Pedro Pierluisi has convened lawmakers for a special session beginning Dec. 9, excluding the global minimum tax from the agenda despite calling it a priority. Members of his party, including Gov.-elect Jenniffer González, have hesitated to act on it this year.
Senate Republicans who supported the man Billy Long will replace, Danny Werfel, are already signaling they plan to support the former Congressman’s ascension as the nation’s top tax cop.
w/ @SloweyErin@ReporterCioffi
Coca-Cola has reserved for only a small amount of its potential $16 billion IRS bill - and it's not alone. My Bloomberg Tax deep dive into how some companies don't have enough reserves for what they may owe, and what it may mean for investors. @tax https://t.co/3lRmGsUunr